"The Nazi movement was not a uniquely German event; it is a uniquely human event. And such a dark movement remains in our hardened hearts to this day. When human beings, for whatever reason and rationale, decide that it is necessary and expedient to cast aside their moral principles and their conscience, and in the pain of their humanity make themselves into beasts, then the will to power and its madness is unleashed upon them. No one, no people, is safe from this awful tragedy." Jesse

10 January 2019

Stocks and Precious Metals Charts - It's Worse Than You Think

Nero Addressing the Senate: Ancient Rome Rise and Fall of an Empire

"What is objectionable, what is dangerous about extremists, is not that they are extreme, but that they are intolerant. The evil is not what they say about their cause, but what they say about their opponents."

Robert Kennedy

"Fundamentally, narcissists are stuck emotionally at the approximate development stage level of a three-year-old, and consequently they lack the most basic ability to care about the feelings, needs, and perspectives of others. Yet, as savvy adults, their powers of manipulation are off the charts… feeling sorry for the narcissist is an invitation to being abused and victimized-idealized, devalued, and rejected; or, worse, agonizingly anchored."

Julie L. Hall

"Narcissists have secret lives. They lie effortlessly. They are two faced-appearing with a perfect public image that most people believe."

Linda Martinez-Lewi

"It seems that under the overwhelming impact of rising power, humans are deprived of their inner independence and, more or less consciously, give up establishing an autonomous position toward the emerging circumstances. The fact that the foolish person is often stubborn must not blind us to the fact that he is not independent. In conversation with him, one virtually feels that one is dealing not at all with him as a person, but with slogans, catchwords, and the like that have taken possession of him.

He is under a spell, blinded, misused, and abused in his very being. Having thus become a mindless tool, the stupid person will also be capable of any evil and at the same time incapable of seeing that it is evil. This is where the danger of diabolical misuse lurks, for it is this that can once and for all destroy human beings."

Dietrich Bonhoeffer

"For we wrestle not against flesh and blood, but against principalities and powers, against the rulers of the darkness of this world, against spiritual wickedness in high places."

Ephesians 6:12

Stocks were walked up again today, keying in on the SP 500 futures.

Interestingly the dollar was walked up a bit as well, with gold and silver falling commensurately.

I am puzzled about the support for the dollar at these levels. It is not clear to me what officialdom is thinking, since a weaker dollar is so obviously favorable to real economic recovery. Even Trumpolini understands that.

But some do benefit from it, and one has only to follow to money to see who it is that they are.

We have so many soulless people in positions of power now that when evil makes its presence public it just fills the void and has its way with them. And the weak willed and the morally indifferent follow. Such is the root of our misery.

The rest of the world is deeply concerned, as well they should be. We would be more concerned if we were not so close to it. We are taking more and more outrageous things in stride.

This is nothing new in history, of course. But the moral vacuum is of an ascendant size and quality now that is seen only once in a generation or two. And the results of this are often memorable.

'And they were utterly astonished, for they did not understand the miracle of the loaves, because their hearts were hardened.'

Le Propriétaire

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Need Little - Want Less - Love More

The Banks must be restrained, and the financial system reformed, with balance restored to the economy, before there can be any sustainable recovery.

"In the Incarnation the whole human race recovers the dignity of the image of God. Thereafter, any attack even on the least of men is an attack on Christ, who took on the form of man, and in his own Person restored the image of God in all. Through our relationship with the Incarnation, we recover our true humanity, and at the same time are delivered from that perverse individualism which is the consequence of sin, and recover our solidarity with all mankind." Dietrich Bonhoeffer

LET US COMMEND OUR PAST TO HIS ABUNDANT FORGIVENESS, AND TRUST OUR FUTURE TO HIS KINDNESS AND TENDER MERCY. LET US PERMIT OURSELVES TO BE FASHIONED ACCORDING TO HIS WILL, NOT FOR HIS SAKE, BUT FOR OURS. REMEMBER TO FEED THE LEAST OF HIS CREATURES, THE BIRDS AND ANIMALS. AND THE HEARTS OF THOSE YOU MEET, WITH A KIND WORD AND A SMILE.

"A credibility trap is when the managerial functions of a society have been sufficiently compromised by corruption so that the leadership cannot reform, or even honestly address, the problems of that system without implicating a broad swath of the powerful, including themselves.

The moneyed interests and their aspirants tolerate the corruption because they have profited from it, and would like to continue to do so. Discipline is maintained by various forms of soft financial rewards and career and social coercion."

These are personal observations about the economy and the markets. In providing information, I hope this allows you to make your own decisions in an informed manner, even if it is from learning by my mistakes, which are many. As a standing policy I never provide individual investment advice to anyone. I will only occasionally disclose my personal positions for purposes of illustration. Understand that my own circumstances could differ greatly from your own, and therefore what is suitable for me may not be suitable for you. My comments are intended to be reflection on general macro financial and economic events and trends.